Consolidated Woodjam Copper Corp (WCC.CA) Stock Technical Analysis
TSX-V:WCC - TSX Venture Exchange - CA2102941044 - Common Stock - Currency: CAD
Overall WCC gets a technical rating of 3 out of 10. Although WCC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
Looking at the yearly performance, WCC did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
WCC is part of the Metals & Mining industry. There are 811 other stocks in this industry, WCC did better than 64% of them.
WCC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WCC is lagging the market slightly.
In the last month WCC has a been trading in the 0.05 - 0.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of WCC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.07
0.10
When analyzing the support we notice one important area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WCC.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WCC.CA is neutral. |
| ChartMill Relative Strength | 82.4 | POSITIVE | WCC.CA has a high relative strength, it outperformed 82.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WCC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WCC.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WCC.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.23 | NEUTRAL | The RSI value for WCC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WCC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for WCC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.59 | HIGH VOLATILITY | The high ATR as a percentage value for WCC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.33 | NEGATIVE | The low ADX value for WCC.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Consolidated Woodjam Copper Corp
TSX-V:WCC (12/9/2022, 7:00:00 PM)
0.085
+0.03 (+41.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg41.67%
1 Week6.25%
2 Weeks-5.56%
1 Month21.43%
3 Month30.77%
6 Month-39.29%
12 Month-22.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%10.59%
ATR Inc96%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.4
Mansfield-0.38
10 Day High0.11
10 Day Low0.05
20 Day High0.11
20 Day Low0.05
52 Week High0.14
52 Week Low0.05
CS1 End0.07
CR1 Start0.09
Volume & EV
DER(3)-27.09%
DER(5)-26.95%
Volume41.00K
Volume Incr26.39%
Vol(5)68.56K
Vol(50)76.55K